You're using an older version of Internet Explorer that is no longer supported. Please update your browser.
You're using an older version of Internet Explorer and some functionality may not work as expected. Please update your browser for the best experience.

Manpower Employment Outlook Survey Reveals Employers Expect a Positive Hiring Climate for the Fourth Quarter of 2008

By

ManpowerTORONTO, Sept. 9 /CNW/ – Canadian employers expect a positive hiring climate for the October to December period of 2008 according to the latest results of the Manpower Employment Outlook Survey, the most extensive,forward-looking employment survey in the world.

The survey of more than 1,700 Canadian employers reveals that 20 per cent expect to increase their payrolls in the next three months while seven per cent of employers anticipate cutbacks, for a Net Employment Outlook of 13 per cent. Of those polled, 70 per cent expect no change and three per cent are unsure of their staffing intentions for the upcoming quarter.

With seasonal variations removed from the survey data, the Net Employment Outlook is 14 per cent. This is a one percentage point increase from the previous quarter, indicating hopeful hiring intentions for the final quarter of 2008.
“This quarter’s Net Employment Outlook suggests that Canadian employers anticipate a steady hiring pace for the upcoming quarter” says Byrne Luft, Vice President, Marketing for Manpower Canada. “Employers are indicating thatthey will continue to increase their payrolls, but at a slightly slower rate than last year at this time.”

“The hiring climates in Western and Atlantic Canada are ahead of the national forecast,” adds Luft. Employers in Western Canada report an active hiring climate with a Net Employment Outlook of 25 per cent. In Atlantic Canada employers project a steady quarter with a Net Employment Outlook of 16 per cent. Employers in Quebec expect a weaker, yet still moderate fourth quarter projecting a hiring pace of nine per cent. Ontario employers report a modest quarter, projecting a Net Employment Outlook of eight per cent.

Strengthened by robust projections in Western Canada, employers in the Mining sector project a solid hiring pace with a seasonally adjusted Net Employment Outlook of 28 per cent. In the Public Administration and Construction sectors employers expect healthy hiring climates both reporting seasonally adjusted Net Employment Outlooks of 22 per cent. Employers in the Finance, Insurance and Real Estate as well as employers in the Transportation and Public Utilities sectors expect upbeat markets for job seekers reporting Net Employment Outlooks of 20 and 17 per cent, respectively.

Mining

Reporting a five percentage point increase from the previous quarter, employers in the Mining sector project a solid fourth quarter with a seasonally adjusted Net Employment Outlook of 28 per cent. When compared to the fourth quarter of 2007, the Outlook has decreased by ten percentage points.

Public Administration

Employers in the Public Administration sector anticipate a steady hiring climate with a seasonally adjusted Net Employment Outlook of 22 per cent.
Hiring projections have increased by eight percentage points from the previous quarter. However, this quarter’s forecast remains the same as last year’s fourth quarter.

Construction

Reporting a seasonally adjusted Net Employment Outlook of 22 per cent, employers in the Construction sector project an active staffing period for the final quarter of 2008. The Outlook has increased 11 percentage points from the previous quarter but has decreased six percentage points since the same time last year.

Finance, Insurance and Real Estate

With a seasonally adjusted Net Employment Outlook of 20 per cent, employers in the Finance, Insurance and Real Estate sector anticipate a favourable hiring pace. This quarter’s forecast is six percentage points stronger than the Outlook reported in third quarter. However, the Outlook is four percentage points weaker when compared to the same time last year.

Transportation and Public Utilities

In the Transportation and Public Utilities sector employers predict a positive hiring climate for the upcoming October to December period, reporting a Net Employment Outlook of 17 per cent once seasonal variations are removed from the data – two percentage points weaker than the previous quarter when the seasonally adjusted outlook was 19 per cent. When compared to the fourth quarter of 2007, the Net Employment Outlook improves by two percentage points.

Services

Employers in the Services sector also expect a positive hiring climate for the final quarter of 2008, reporting a seasonally adjusted Net Employment Outlook of 17 per cent. This is on par with the Outlook reported last quarter and is a slight decrease from the same time last year when the seasonally adjusted Net Employment Outlook was 20 per cent.

Wholesale and Retail Trade

In the Wholesale and Retail Trade sector employers report a Net Employment Outlook of 15 per cent once seasonally adjustments are made. This is a five percentage point increase from the previous quarter. However, this sector has experienced a ten percentage point decrease from the same time last year. Despite these fluctuations employers expect an upbeat quarter for the October to December period of 2008.

Manufacturing – Durable Goods

Employers in the Manufacturing – Durable Goods sector report a seasonally adjusted Net Employment Outlook of 13 per cent, indicating a respectable hiring climate. This is a seven percentage point increase from the previous quarter when the seasonally adjusted Net Employment Outlook was six per cent and is a one percentage point increase from the same time last year.

Manufacturing – Non-Durable Goods

Reporting a seasonally adjusted Net Employment Outlook of ten per cent, employers in the Manufacturing – Non-Durable Goods sector employers anticipate a hopeful hiring climate for the upcoming quarter. This is a ten percentage point increase from the previous quarter when the sector experienced a flat hiring climate. It is, however, a slight decrease from the same time last year when the Net Employment Outlook was 11 per cent.

Education

Employers in the Education sector expect a mild hiring climate for the upcoming quarter, reporting a seasonally adjusted Net Employment Outlook of four per cent. Employer optimism is declining when compared to the previous quarter, when the Net Employment Outlook was eight per cent, and also by nine percentage points from the same time last year.

About the Survey

The Manpower Employment Outlook Survey is conducted quarterly to measure employers’ intentions to increase or decrease the number of employees in their workforce during the next quarter. It is the most extensive forward-looking survey of its kind, unparalleled in its size, scope, longevity and area of focus. The Survey has been running for more than 45 years and is one of the most trusted surveys of employment activity in the world. The Manpower Employment Outlook Survey is based on interviews with more than 55,000 public and private employers worldwide and is considered a highly respected economic indicator.

The Manpower Employment Outlook Survey is currently available for 32 countries and territories: Argentina, Australia, Austria, Belgium, Canada, China, Colombia, Costa Rica, Czech Republic, France, Germany, Greece, Guatemala, Hong Kong, India, Ireland, Italy, Japan, Mexico, Netherlands, New Zealand, Norway, Peru, Poland, Romania, Singapore, Spain, South Africa, Sweden, Switzerland, Taiwan, the United Kingdom and the United States. The program began in the United States and Canada in 1962, and the United Kingdom was added in 1966. Mexico and Ireland launched the survey in 2002, and 13 additional countries were added to the program in 2003. New Zealand joined the program in 2004, China, India, Switzerland and Taiwan were added in 2005, and Argentina, Peru, Costa Rica and South Africa joined in 2006. Colombia, the Czech Republic, Greece, Guatemala, Poland and Romania joined in 2008. For more information, visit the Manpower Inc. Web site at www.manpower.com and enter the Research Center.

About Manpower Canada

With over 50 offices strategically located across the country, Manpower Canada’s staffing services include administrative, industrial, skilled trades and contact centre personnel as well as the assignment of contract professionals in information technology, scientific, finance, engineering,telecommunications and other professional areas under the Manpower Professional brand. More information can be found on Manpower Canada’s Web sites: manpower.ca and manpowerprofessional.ca.
For further information: John Settino, The iPR Group, (416) 901-5963, [email protected]

Tags: , ,

Leave a Reply

More Resources

Blog Search Companies

Tools

Search for Jobs Post a Job